Institutions, and the translation of economic growth and productive entrepreneurship into poverty reduction: global empirical evidence with focus on Africa

Koroma, Baimba Abdulai (2024) Institutions, and the translation of economic growth and productive entrepreneurship into poverty reduction: global empirical evidence with focus on Africa. Doctoral thesis, University of East Anglia.

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Abstract

This study investigates the effects of three measures of aggregate growth, sectoral compositions of growth, structural transformation, and Productive Entrepreneurship (PE) on poverty reduction. It also investigates the extent to which Institutional Quality (IQ) influences the effects of the measures of growth and its sectoral composition, structural transformation, and productive entrepreneurship on poverty reduction at global level and in Africa relative to other regions. It employs Pooled OLS and Two-Stage Least Squares estimations for the period 1990-2020. The study hypothesises that the measures of EG are poverty-reducing, and that the effects are larger in higher IQ environment (Bluhm and Szirmai, 2012; and Fosu, 2022). Findings show that the independent measures of aggregate growth, and the corresponding terms of interaction with IQ dimensions have statistically significant poverty-reducing effects at global level and across regions including Sub-Saharan Africa (SSA). Each of the sectoral compositions of growth, excluding industry growth, has statistically significant poverty-reducing effects at global level. Across regions, services value-added and labour productivity growth have statistically significant poverty-reducing effects across regions including SSA. While industry value-added and both agriculture and industry labour productivity growth have no significant poverty-reducing effects across regions including SSA, agriculture value-added growth and Structural Change have statistically significant poverty-reducing effects across regions excluding SSA. The interaction terms for the dimensions of IQ and each of services and agriculture value-added and agriculture labour productivity growth have statistically significant poverty-reducing effects at global level. Across regions including SSA, the effects of interaction terms for IQ dimensions and each of services, agriculture, and industry value-added growth and of Structural Change and services labour productivity growth are negative and statistically significant. Moreover, findings show that productive entrepreneurship and it terms of interaction with IQ dimensions have statistically significant poverty-reducing effects at global level and across regions, especially in Africa and South Asia. On the whole, the effects of growth measures on poverty reduction are larger in a high IQ environment.

Item Type:	Thesis (Doctoral)
Faculty \ School:	Faculty of Social Sciences > School of Global Development (formerly School of International Development)
Depositing User:	Chris White
Date Deposited:	26 Jun 2025 10:12
Last Modified:	03 Jul 2025 07:02
URI:	https://ueaeprints.uea.ac.uk/id/eprint/99742
DOI:

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